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Celanese Corporation Message Board

  • bluecheese4u bluecheese4u Oct 22, 2012 8:32 PM Flag

    Celanese Corporation Reports Third Quarter 2012 Results

    Celanese Corporation Reports Third Quarter 2012 Results

    October 22, 2012

    DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today reported third quarter 2012 adjusted earnings per share of $0.93. This compares with $1.27 in the prior year period. Increased volumes and expanded operating margins in the company's portfolio of businesses focused on customer-oriented solutions, which includes Advanced Engineered Materials, and Consumer and Industrial Specialties, were offset by lower margins in Acetyl Intermediates due to continued soft demand and lower pricing across acetyl products and derivatives. Diluted earnings per share from continuing operations for the quarter were $0.74 compared with $1.05 last year.

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